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$232,744

NAL Estimated Property Value

23011 Grand Rapids Ln, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
price_per_sqft$148.18 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size8,159 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1070930000005
Lot Number5
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 5 BLK 42 TIMBER LANE SEC 5
Census Tract241201
Assessed Land Value$54,355
Assessed Improvement Value$178,389
Assessment Year2025

About this property

Welcome to comfort and style with this recently updated 3 bedroom/2 bath home in the sought-after Timber Lane neighborhood. Step into the spacious living room, where vaulted ceilings create an open, airy atmosphere—perfect for relaxing or entertaining. The galley kitchen offers beauty and functionality with ample cabinetry and counter space, a commercial-size refrigerator and freezer, stainless steel appliances, a double oven, and a desk nook. It flows seamlessly into a cheerful breakfast room filled with natural light—an ideal spot for morning coffee and meals. Durable wood-look tile flooring runs throughout the home, offering the warmth of wood with easy maintenance and fresh paint brightens the whole house. Within walking distance to playground, splashpad, hike/bike paths, and disc golf. Whether you're hosting friends or enjoying a quiet night in, this thoughtfully designed home offers warmth, charm, and outdoor space to match.

Investor Tools

Property Icon
$232,744
Estimated Property Value
$211,437Estimated Mortgage Balance
$21,307Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
$492/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,922
$232,744
2025
$54,355
$178,389
$232,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,922
$232,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$214,900
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,437
$21,307
9%
91%
$1,289/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,781/mo
+$169/mo
10.1%

City: Spring

23011 Grand Rapids Ln | Property Details | No Agent List